Tag: Mining

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HashingSpace Finds Itself on Shaky Grounds

The bitcoin mining firm, HashingSpace is currently in trouble due to fraud allegations surrounding its former CEO, Timothy Roberts. Timothy Roberts and his company...

China May Take Bitcoin Prices for yet Another Ride

We all observed a surge in the bitcoin price during Greece crisis right before it took a nosedive to reach a low of about...

BIP 100 Garners More Support Than BIP 101

Any change is always met with resistance, sometimes more fierce than expected. It is the same thing happening with Bitcoin XT now. Number of...

Bitmain Launches Its Latest BM1385 Mining ASIC

Bitmain, the bitcoin mining hardware manufacturer has announced the launch of its latest mining ASIC named BM1385. This piece of hardware boasts of over...

Cloudminr.io Hacked! 80,000 Profiles Compromised

Cloudminr.io is the latest addition to the list of hacked Bitcoin companies. According to reports, the bitcoin cloud mining service platform was recently hacked...

BitFury Raises $20 Mil in Third Fundraising Round

While many Bitcoin mining businesses are going down, under loss due to increasing difficulty levels and infrastructure costs, BitFury has been doing really well...

Malware Filled “Prized” App Developer Reaches Settlement with FTC

What does it take for few entrepreneurs and developers to learn? “Learn from others' failures” is one of the common phrases in start-up circles,...

KnCMiner Deploys FinFET Based Solar ASICs

As the number of Bitcoins and Bitcoin users increase, Bitcoin mining becomes progressively tougher, requiring tougher and meaner machines with lots of horsepower. Bitcoin...